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Active
  • $549,998

    740 1st Ave NE, Carmel, IN 46032

    2beds
    775sqft
    : 
    $3,445/mo
    Get pre-qualified
    Residential, Single Family Residence
    Built in 1951
    7,840 Square Feet Lot
    $-- Zestimate®
    $710/sqft
    $-- HOA

    What's special

    What an Opportunity! Talk about location, it doesn't get better than this! Build on it, rent it, or live in it, this little gem of a home sits on one of the last lots available in the highly desirable Carmel Arts District. The current home was recently remodel and updated with new water lines, water heater, appliances, and a NEW ROOF! Making it turn key ready! But don't let your imagination stop there. This lot is also the perfect location for building the house of your dreams! This an amazing opportunity for investors, builders, or a home owner.
    17 days
    |
    509
    |
    29
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Gary Beresford 970-390-8927,

    Knight Realty Group,

    Scott Wolfe,

    Knight Realty Group

    Source: MIBOR as distributed by MLS GRID,MLS#: 22112815MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 2
      Primary bedroom
      • Features: Luxury Vinyl Plank
      • Level: Main
      • Area: 144 Square Feet
      • Dimensions: 12x12
      Bedroom 2
      • Features: Luxury Vinyl Plank
      • Level: Main
      • Area: 99 Square Feet
      • Dimensions: 11x9
      Kitchen
      • Features: Luxury Vinyl Plank
      • Level: Main
      • Area: 180 Square Feet
      • Dimensions: 15x12
      Laundry
      • Features: Luxury Vinyl Plank
      • Level: Main
      • Area: 84 Square Feet
      • Dimensions: 12x7
      Living room
      • Features: Luxury Vinyl Plank
      • Level: Main
      • Area: 169 Square Feet
      • Dimensions: 13x13
      Heating
      • Natural Gas, High Efficiency (90%+ AFUE ), Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Gas Water Heater, Microwave, Gas Oven, Refrigerator, Water Heater
      • Laundry: Main Level
      Features
      • Hardwood Floors, High Speed Internet, Eat-in Kitchen, Pantry
      • Flooring: Hardwood
      • Has basement: No
      Interior area
      • Total structure area: 775
      • Total interior livable area: 775 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Attached
      • Attached garage spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Has view: Yes
      • View description: Trees/Woods
      Lot
      • Size: 7,840 Square Feet
      • Features: City Lot
      Details
      • Parcel number: 291030501003000018
      • Special conditions: As Is,Broker Owned
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Bungalow
      • Property subtype: Residential, Single Family Residence
      Materials
      • Brick
      • Foundation: Block
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1951

      Utilities & green energy

      • Electric: 100 Amp Service
      • Water: Public
      • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Carmel Arts District
      HOA
      • Has HOA: No
      Location
      • Region: Carmel

      Financial & listing details

      • Price per square foot: $710/sqft
      • Tax assessed value: $295,800
      • Annual tax amount: $5,608
      • Date on market: 7/9/2026
      • Cumulative days on market: 19 days
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/23/2026Price change$549,9980%$710/sqft
        Source: MIBOR as distributed by MLS GRID #22112815 Report a problem
        7/9/2026Listed for sale$549,999+28.2%$710/sqft
        Source: MIBOR as distributed by MLS GRID #22112815 Report a problem
        12/10/2024Listing removed$2,000$3/sqft
        Source: Zillow Rentals Report a problem
        12/2/2024Listed for rent$2,000+2.6%$3/sqft
        Source: Zillow Rentals Report a problem
        7/29/2024Listing removed--
        Source: MIBOR as distributed by MLS GRID #21968061 Report a problem
        7/25/2024Price change$429,000-4.7%$554/sqft
        Source: MIBOR as distributed by MLS GRID #21968001 Report a problem
        7/2/2024Price change$450,000-4.3%$581/sqft
        Source: MIBOR as distributed by MLS GRID #21968001 Report a problem
        5/10/2024Price change$470,000-1.1%$606/sqft
        Source: MIBOR as distributed by MLS GRID #21968001 Report a problem
        4/2/2024Price change$475,000-5%$613/sqft
        Source: MIBOR as distributed by MLS GRID #21968001 Report a problem
        3/22/2024Listing removed--
        Source: Zillow Rentals Report a problem
        3/11/2024Listed for sale$499,999$645/sqft
        Source: MIBOR as distributed by MLS GRID #21968001 Report a problem
        2/29/2024Price change$1,950+2.6%$3/sqft
        Source: Zillow Rentals Report a problem
        2/24/2024Price change$1,900-2.6%$2/sqft
        Source: Zillow Rentals Report a problem
        6/8/2022Price change$1,950-2.5%$3/sqft
        Source: Zillow Rental Manager Report a problem
        6/3/2022Listed for rent$2,000-9.1%$3/sqft
        Source: Zillow Rental Manager Report a problem
        1/12/2021Listing removed--
        Source: MIBOR as distributed by MLS GRID Report a problem
        12/22/2020Price change$2,200-8.3%$3/sqft
        Source: Knight Realty Group #21755075 Report a problem
        12/2/2020Price change$2,400-4%$3/sqft
        Source: Knight Realty Group #21755075 Report a problem
        11/26/2020Listed for rent$2,500$3/sqft
        Source: Knight Realty Group #21755075 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,344 +25.1%$295,800 +10.6%
        2024$4,272 +15.1%$267,500 +26.2%
        2023$3,713 +2.4%$211,900 +15.8%
        2022$3,627 +107.1%$183,000 +4.6%
        2021$1,751 +3.5%$175,000
        2020$1,692 +1%$175,000 +1.9%
        2019$1,676 +4.7%$171,700
        2018$1,601 +8.3%$171,700 +3.2%
        2017$1,478 +23.4%$166,400 +3.6%
        2016$1,198 +11.3%$160,600 +19.7%
        2014$1,076 +2.7%$134,200 +3.2%
        2013$1,048 +0.4%$130,000 +0.9%
        2012$1,044 +49.6%$128,900 +21.5%
        2011$697 -4.4%$106,100
        2010$729 +6.5%$106,100 -5.9%
        2009$685 +6.3%$112,700 +9%
        2007$644 -7.6%$103,400 +4.9%
        2006$697 $98,600 +28.2%
        2005-- $76,900 +159.8%
        2002$413 -0.9%$29,600 +200.2%
        2001$417 $9,860
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 46032

        Getting around

        63 / 100
        Somewhat Walkable
        70 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Carmel Elementary School
        • Middle: Carmel Middle School
        • High: Carmel High School

        Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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